News tagged with 'Phamrmaceutical Industry'

The FDA sent warning letters to nine drug companies to stop manufacturing unapproved narcotic drugs because the agency has no way of knowing if these drugs are safe. Those people who rely on narcotics for pain relief will continue to have access to FDA-approved narcotic products.

The sale of prescription drugs appears to be on a decline, partially due to generics and also likely due to a downturn in the economy.  There are no forcasts anytime soon to seeing double-digit profits that the pharmaceutical industry once enjoyed.